"In a recent Bloomberg interview Marc Faber says equity markets about set to correct. He believes global inflation is causing instability and should lead to higher oil prices. Faber believes emerging markets could decline as much as 30% from current levels and that developed markets are likely to outperform. Ultimately, Faber is still very bearish about the long-term as he expects the Fed’s incessant intervention in markets to cause another crisis..."
at http://pragcap.com/faber-expect-equity-correction-commodity-rally-new-crisis
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